Bitcoin - Cup and Handle

Dec 15, 2020If this is a valid Cup and Handle the upward target on a breakout above the green line should be close to 20K. The handle seems a bit exaggerated but then again what isn't with Bitcoin?

Good luck!

BBS Out!

Dec 16, 2020

Trade closed: target reached

I'm going to say the target for this pattern has been reached however there are also larger patterns at play that could indicate even higher prices over 20K

Dec 16, 2020

Comment

BAM! $20,822 so far. A historic day for Bitcoin. New All Time High